Glossary
The vocabulary, decoded.
The fundraising lexicon is small but precise, and every term you don't know is a quiet point of leverage against you. Press ⌘K to jump straight to a term.
P
- Pre-money / Post-money
- Pre-money is company value before new investment; post-money includes the new money.
S
- SAFESimple Agreement for Future Equity
- Simple Agreement for Future Equity — a fundraising instrument that converts to equity in a future priced round.A $500K post-money SAFE at a $10M cap converts as if the round priced at $10M pre.
V
- Valuation cap
- The ceiling valuation at which a SAFE or note converts into equity.